FDIC Respond to Indymac Video – More Blood Boiling Video!

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The FDIC strikes back, issuing a Press Release claiming the video contains “blatantly false claims”,  “perpetrates other falsehoods”  and has “no credibility.” Click here to Watch it Now.

This will REALLY get YOUR Blood Boiling!

Categories : Training

1 Comments

1

Any idea if similar loss agreements were made when BofA purchased the HUGE portfolio of Countrywide mortgages? This would definitely explain a few things. Would also explain how BofA could swing from record losses to HUGE profits in just 2 quarters while paying back TARP funds to keep corporate bonuses. I am right in assuming the FDIC shared loss funds are NOT from TARP, but from the general fund?

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